tag:blogger.com,1999:blog-2667007825570859000.post8884796714751192992..comments2018-08-09T19:17:34.181+08:00Comments on Wunmanang: PayPal versus oDesk Local Funds Transfer: Which is a better withdrawal method for Pinoy Odesk Contractors?Joycehttp://www.blogger.com/profile/17793671205939356420noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2667007825570859000.post-40061924484396727512013-05-30T11:01:16.258+08:002013-05-30T11:01:16.258+08:00can we use RCBC visa debit card as method of payme...can we use RCBC visa debit card as method of payment?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-52830491832293849002012-06-23T09:46:52.567+08:002012-06-23T09:46:52.567+08:00Yes you can use any BPI account for LFT. Don&#39;t...Yes you can use any BPI account for LFT. Don&#39;t worry too much about what&#39;s on the card because what you&#39;ll need to set up LFT is the BRSTN code of your bank and Account Holder&#39;s name and address. Make sure to input these information correctly. <br /><br />You should also complete the W-8BEN form. It is a form used to confirm you are not a U.S. taxpayer. For record-keeping purposes, oDesk requires a W-8BEN for all non-U.S. taxpayers who withdraw oDesk earnings. Contractors just need to type [Accept] to complete the W-8BEN and the system will activate their eligibility to withdraw funds immediately.<br /><br />Lastly, yes you can use BPI Direct savings account for withdrawing funds using LFT and Paypal.MJhttps://www.blogger.com/profile/17793671205939356420noreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-72427741070519941362012-06-23T09:22:14.284+08:002012-06-23T09:22:14.284+08:00Hi All,
I&#39;m new in odesk I have a BPI Expres...Hi All, <br /><br />I&#39;m new in odesk I have a BPI Express teller card can I use it in LFT? should the logo at the back really matters? cirrus, express net, and the red color letter &quot;P&quot;.<br /><br />should I confirm this taxpayer status? <br /><br />When using BPI Direct can we set-up it in LFT and paypal? <br /><br /><br />Thank you..yeahnoreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-90608403730147327082011-12-06T17:58:27.931+08:002011-12-06T17:58:27.931+08:00Sandeep,
I believe that the 10% oDesk fee is paid...Sandeep,<br /><br />I believe that the 10% oDesk fee is paid by employers.<br /><br />The oDesk Service Fee is 10% of the employer&#39;s payment to oDesk, which equates to 11.11% on top of the amount paid to the contractor.<br /><br />For instance, my hourly rate is $8/hour and I&#39;ve worked 20hours this week. Then I will be paid $160, but the employer&#39;s payment method will be deducted $176 dollar because they are charged with the 10% fee. Same goes for fixed-price contracts.<br /><br />You could check the details in &quot;Timelogs&quot; page of your oDesk account. The amount billed is different to Contractor earnings.MJhttp://mywebspacenow.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-86109819537926707812011-12-06T15:56:10.677+08:002011-12-06T15:56:10.677+08:00But ODesk also charges 10% of your rate to your cl...But ODesk also charges 10% of your rate to your client/person paying money. Instead if you ask your client/depositor to pay that 10% extra to you on account of transfer/conversion fees, will it not be better?Sandeepnoreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-56360142577213740292011-10-13T11:48:39.842+08:002011-10-13T11:48:39.842+08:00Hi Ellenski!
Yes, we can save more of our earning...Hi Ellenski!<br /><br />Yes, we can save more of our earnings if we use BPI for LFT. I am using BPI Direct (a subsidiary of BPI but also uses the same BRSTN code 010040018). This savings account only requires P500 maintaining bal, unlike sa normal na BPI savings which requires P3000 maintaining bal. <br /><br />To open a new BPI Direct acct, you can make a personal appearance to the bank at magdala ng 2 valid ID&#39;s w/photo copies narin, utility bill at P500 initial deposit and come back after a week para sa atm card. Or you can apply for it online www.bpidirect.com, fill up mo lang registration form then i-pick-up mo nalang iyong card at magsubmit ng requirements after a week (mag-emaail naman sila sayo kung ready for pick-up na iyong card) sa branch na pipiliin mo.MJhttp://mywebspacenow.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-82318008928389832912011-10-13T01:20:13.124+08:002011-10-13T01:20:13.124+08:00I agree with LFT. I was planning to open a Unionba...I agree with LFT. I was planning to open a Unionbank account but I noticed that I can save a lot more if I opened a BPI account instead. Mind if I ask what type of BPI account you have? I mean the one you&#39;re using to withdraw your funds from oDesk to your BPI account. So that I can open the same kind of account because I know that BPI offers a lot of diffirent kinds of accounts.<br /><br />Thanks! :)ellenskihttps://www.blogger.com/profile/00734373672132600944noreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-80800561607705146372011-05-05T22:51:56.461+08:002011-05-05T22:51:56.461+08:00Yes Maishee! Higher conversion rate equals more ea...Yes Maishee! Higher conversion rate equals more earnings :)MJhttp://mywebspacenow.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2667007825570859000.post-47601338736115569772011-05-05T20:09:13.765+08:002011-05-05T20:09:13.765+08:00I agree with, using Local Funds Transfers is way b...I agree with, using Local Funds Transfers is way better than paypal :) the rate is much higher :)maisheehttp://maisheesnest.blogspot.comnoreply@blogger.com